Most metal producing companies face the dual challenge of energy transition – the need for reducing emission while meeting the global demand for critical commodities. The risk is most significant in case of Aluminium, making it even more difficult to achieve carbon neutral or low carbon aluminium or simply "green aluminium".
Light and durable: aluminium is a wonder material that has revolutionised industries from construction and transportation to packaging and cooking utensils. But aluminium’s most attractive feature may be its impressive recyclability — around 75% of all the aluminium ever produced is still in use today. This is a record unmatched by most materials, and a key reason why the material is likely to play an important role within the transition to a more circular economy.
|Among metals, aluminium produces the second-highest absolute emissions (2% of the global total – second only to steel) and competes with nickel for highest intensity. It stands to be the metal most affected by carbon pricing as a result.
A study by Wood Mackenzie highlights that the typical cradle-to-gate C02 equivalent emissions range from 5-25 tonnes per tonne of metal produced. The study showcases that although raw material sourcing plays a considerable part in emissions the most significant contributor to higher emissions comes from the energy source (smelter power) used.
Some of the necessary steps needed to be undertaken to achieve low carbon footprint in aluminium production are outlined below:
As the world strives towards the 2030 deadline of for the Sustainable Development Goals of the United Nations, aluminium with its unique virtue of being a 100 % recyclable metal without any quality degradation, presents itself as a much sought-after ingredient in a low-carbon economy. However, the concept of carbon neutral aluminium can be achieved only though stringer implementation of green policies, focussed R&D bringing technological advancement in generating low carbon emissions from aluminium smelting processes and developing localized supply chains.
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Founded in 2019 and based out of Singapore, AlCircleBiz is the world's 1st online B2B marketplace for the global aluminium industry, connecting businesses. One of the biggest USPs of AlCircleBiz is – it covers the entire aluminium value chain i.e., from - raw materials and consumables, primary aluminium, equipment, aluminium products, scrap, technology, service providers – bringing everything under one roof.
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